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Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest Income:        
Interest and Fees on Loans $ 49,639 $ 39,135 $ 89,822 $ 80,554
Interest and Dividends on Non-taxable Securities 1,080 2,831 2,124 5,314
Interest and Dividends on Taxable Securities 3,063 358 5,863 677
Interest on Federal Funds Sold and Due From Banks 232 27 327 68
Total Interest Income 54,014 42,351 98,136 86,613
Interest Expense:        
Interest on Deposits 2,557 3,235 4,820 6,478
Interest on Borrowings 1,895 1,171 3,279 1,889
Total Interest Expense 4,452 4,406 8,099 8,367
Net Interest Income 49,562 37,945 90,037 78,246
Provision for Loan Losses 2,945 2,241 4,562 5,600
Net Interest Income after Provision for Loan Losses 46,617 35,704 85,475 72,646
Other Income:        
Service Charges on Deposit Accounts 2,086 1,683 3,891 3,250
Loss on Sales of Securities (8) (50) (39) (55)
Gain on Sales of Loans 186 10,042 251 10,021
Other Income 4,757 5,490 8,814 8,797
Total Other Income 7,021 17,165 12,917 22,013
Other Expenses:        
Salaries and Employee Benefits 21,408 16,753 41,111 31,679
Occupancy and Equipment Expense 4,914 4,264 9,327 7,981
Other Expenses 10,075 9,888 19,679 17,973
Total Other Expenses 36,397 30,905 70,117 57,633
Income Before Income Taxes 17,241 21,964 28,275 37,026
Provision for Income Taxes 3,484 4,536 5,787 7,269
Net Income $ 13,757 $ 17,428 $ 22,488 $ 29,757
Earnings Per Share:        
Basic (in dollars per share) $ 0.61 $ 0.84 $ 1.03 $ 1.44
Diluted (in dollars per share) $ 0.61 $ 0.84 $ 1.03 $ 1.43